Dangote Refinery says it is positioning itself as a major player in the global jet fuel market, with plans to add 700,000 barrels per day of refining capacity by the end of 2028. Speaking at the S&P Global Energy Middle East Petroleum and Gas Conference in London, Chief Executive David Bird revealed that the refinery…
Dangote Petroleum Refinery has announced another reduction in the ex-depot prices of Premium Motor Spirit (PMS), commonly known as petrol, and Automotive Gas Oil (AGO), also known as diesel. Under the revised pricing structure, the refinery cut the ex-depot price of petrol from ₦1,275 to ₦1,250 per litre, while diesel was reduced from ₦1,800 to ₦1,700 per…
Nigeria’s Dangote Petroleum Refinery has emerged as the world’s largest exporter of jet fuel in April 2026, according to a new report by S&P Global, marking a major milestone for Africa’s biggest refinery. The report revealed that the refinery’s rapid production growth and disruptions in Middle East fuel supply routes significantly boosted global demand for its aviation fuel…
Dangote Petroleum Refinery has reduced its depot price for diesel by ₦200 per litre, lowering the price from ₦1,800 to ₦1,600 effective May 26, 2026. The latest price adjustment comes amid increased fuel imports into Nigeria, which industry observers say have boosted supply and intensified competition within the downstream petroleum sector. According to industry sources,…
The Nigerian National Petroleum Company Limited (NNPC Ltd.) and the Office of the Attorney General of the Federation (AGF) have moved to challenge a lawsuit filed by Dangote Refinery seeking to stop the issuance and renewal of fuel import licences in Nigeria. The suit, pending before the Federal High Court in Lagos, is seeking to…
The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has stated that the newly announced gantry price for aviation fuel by the Dangote Refinery will help stabilise the market and encourage compliance among fuel marketers. Speaking in Abuja, the agency’s Director of Public Affairs, George Ene-Ita, explained that the pricing move would support ongoing regulatory…
Dangote Refinery has commenced direct jet fuel supply to Ethiopian Airlines, marking a major step in its expansion into international aviation fuel markets. The refinery’s Managing Director, David Bird, disclosed that the facility is now exporting aviation fuel, diesel, and petrol after achieving sufficient production to meet Nigeria’s local demand. Speaking at an energy conference in Lagos, Bird…
Dangote Refinery has set its ex-depot price for aviation fuel at ₦1,820 per litre in a bid to improve pricing transparency across the sector. The move comes as airline operators continue to express concern over soaring jet fuel costs and the strain on the aviation industry. Despite advisory pricing from the Nigerian Midstream and Downstream…
President of the Dangote Group, Aliko Dangote, has announced that the planned expansion of the Dangote Refinery to 1.4 million barrels per day (bpd) will generate about 95,000 skilled jobs at the peak of construction. Speaking in Lagos during his induction as an honorary fellow of the Nigerian Academy of Engineering, Dangote said the project…
The Nigerian National Petroleum Company Limited (NNPC Ltd) has significantly increased crude oil supply to the Dangote Oil and Gas Company Limited in April 2026, delivering over 1.03 million metric tonnes—equivalent to about 6.8 million barrels or 1.08 billion litres—within the month. Data obtained from tanker vessel movements shows that the deliveries were executed through…
